Quote:
Originally Posted by saintjohnirish☘
I am saying that despite nominal growth in 06-11, Saint John is severely declining. It has been hit hard with the largest loss per capita in manufacturing from the 80s to 2000s in Canada, poverty is not getting better-- and it seems Irving's grip on the city has been steadily growing.
|
Do you have any numbers to back up any of these statements?
Quote:
Originally Posted by saintjohnirish☘
Halifax, Fton, Mton all have strong public sector stability. It is typical in any growing/stable city. We don't have that. Saint John is incredibly precarious, which is why we saw a decline after slight growth (that slight growth of 06-11 was the first increase in decades). I mean, how can we deny that it is out of our control now? We absolutely do need federal aid-- and there's no shame in that.
|
I'd say SJ is less precarious than people seem to think. There's a lot of industry in the city that completely flies under the radar. Industries like health sciences and research at UNBSJ/Regional Hospital are examples.
Asking for federal aid is admitting defeat. It's admitting that you messed up and you alone cannot think of any way out of it. SJ's situation isn't that bad, and from a financial standpoint Saint John's debt service cost as a % of total expenditures is lower now than it was 15 years ago (floats around 10%) - it's lower than Moncton, Dieppe, Bathurst, Campbellton, Edmundston...
What does it say to local business when the city admits defeat like that? What does it say to local residents that it's admitted defeat? It would put an end to any momentum in any category you can think of and would evaporate any belief or confidence in the local business market.
Just to get some numbers out there:
- Since 2000 SJ's residential tax assessment has doubled (to over $4B).
- Since 2000 SJ's non-residential tax assessment has increased from $1B to $1.7B.
- Since 2000 SJ's total assessment base has nearly doubled from $3B to $5.9B.
- Since 2000 SJ's total municipal tax base has nearly doubled from $3.5B to $6.7B.
Does this match the growth seen in Fredericton/Moncton? No, but growth is growth.
Quote:
Originally Posted by saintjohnirish☘
You can interpret that however you wish, but the fact remains we can't wait for the market to turn around. Walk any street outside a block or two of new gentrification uptown and you can see it. We can't be a city that lives and dies on the private sector.
|
Which is my point entirely. Saint John's history has been devoted to relying on one or two private sector markets (generally manufacturing exports and oil/gas). My suggestion is to further diversify the local economy so that it's split more evenly between manufacturing, oil/gas, IT, services, and a growing tourism base. I don't see any issue with depending on private sector...all you need in the opposite scenario is a fiscally conservative government more than happy to cut public sector jobs and benefits to eradicate any sort of growth seen dependent on the public sector.
There are a lot of people in the city who think that the solution to Saint John's declining manufacturing is to look for and cram more manufacturing into the market. This way of thinking is likely poor as there is never going to be that serious return of manufacturing there once was. Automation has destroyed traditional manufacturing. There's been a lot of upcoming, start-up, locally based industries growing in the city that many people seem completely unaware of. We need to be open-minded about this but i'm afraid many in the city are not open-minded to new industries or ideas and would prefer to try the same mistakes over and over again. It's not the 1940s anymore.
Quote:
Originally Posted by saintjohnirish☘
Monopoly and poverty are the problems. The former exacerbates the latter. Saint Johners have to start thinking systematically.
|
Would you care to provide a solution?
Quote:
Originally Posted by cdnguys
We need to forget about big projects that never materialize and grow organically. IT sector is underreported - IBM in City is still in the process of hiring over 125 high paying jobs and most are being filled by immigrants - many from Ukraine.
|
Absolutely.